Yolt users in the UK, France and Italy can now apply for a Raisin Account accessing a wide range of deposit products, select from competitive Raisin offers and see their deposits, directly within the app.
The integration builds on Yolt’s mission to enable users to make informed financial decisions. Within the Yolt marketplace, users can currently switch their household bills, shop for insurance, make investments, combine their pensions and now, grow their savings via Raisin.
Yolt’s Chief Marketing Officer, Cristel Lee Leed said: “Our latest partnership with Raisin will benefit our Yolt community of users, giving them access to savings products – empowering them to do more with their finances.”
The integration builds on Raisin’s strength in B2B partnerships, making its products and services available through a wider range of like-minded financial institutions, including fintechs and banks. Embedding Raisin‘s offers into their own platforms allows partners like Yolt to expand the spectrum of their savings products.
Pan-European deposits platform enables smart thinking money management app to expand savings offer
Building on an open banking vision, Raisin deploys a range of technical solutions, from fully integrated “white label” products using Raisin’s proprietary API to a variety of lead-outs, connecting a bank or money app’s customers smoothly to the Raisin platform.
Raisin strongly aligns with Yolt‘s vision of helping people optimise their financial management, with both fintechs dedicated to removing complex barriers consumers may face when it comes to better saving.
Kevin Mountford, Raisin UK CEO, explained: “In a highly competitive interest rate market, consumers are increasingly looking for providers that provide an all-in-one tool when it comes to their money. Raisin’s B2B solution gives financial service providers with the ideal tool to extend their offering, without pulling focus or resource away from their core services and offer their customers something new.”